878 resultados para Nonfarm income


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Description based on: 1944 ed.; title from cover.

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"A United States Department of Commerce publication."

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Contains state personal income estimates for the years covered, arranged in tabular form.

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"HUD-1470-CPD"--P. [4] of cover.

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Thesis (Master's)--University of Washington, 2016-06

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Unexpected inflation, disinflation or deflation cause arbitrary income transfers between an economy's borrowers and lenders. This redistribution results from distorted real interest rates that are too high when price level changes are over-predicted and too low when they are under-predicted. This article shows that in Australia's case, inflation expectations were mostly biased upwards throughout the 1990s, according to the Melbourne Institute of Applied Economic and Social Research series and to a new derived series based on bond yields, implying that real interest rates were too high over this time. In turn, this caused substantial arbitrary income transfers from debtors to creditors, estimated to have averaged up to 3 per cent of gross domestic product over the period.